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ASR Nederland NV (XAMS:ASRNL) Cyclically Adjusted PB Ratio : 0.70 (As of May. 02, 2024)


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What is ASR Nederland NV Cyclically Adjusted PB Ratio?

As of today (2024-05-02), ASR Nederland NV's current share price is €46.97. ASR Nederland NV's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was €67.12. ASR Nederland NV's Cyclically Adjusted PB Ratio for today is 0.70.

The historical rank and industry rank for ASR Nederland NV's Cyclically Adjusted PB Ratio or its related term are showing as below:

XAMS:ASRNL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.48   Max: 0.69
Current: 0.69

During the past 11 years, ASR Nederland NV's highest Cyclically Adjusted PB Ratio was 0.69. The lowest was 0.40. And the median was 0.48.

XAMS:ASRNL's Cyclically Adjusted PB Ratio is ranked better than
74.82% of 413 companies
in the Insurance industry
Industry Median: 1.15 vs XAMS:ASRNL: 0.69

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

ASR Nederland NV's adjusted book value per share data of for the fiscal year that ended in Dec23 was €44.244. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €67.12 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


ASR Nederland NV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ASR Nederland NV's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ASR Nederland NV Cyclically Adjusted PB Ratio Chart

ASR Nederland NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.51 0.64

ASR Nederland NV Semi-Annual Data
Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 0.51 - 0.64

Competitive Comparison of ASR Nederland NV's Cyclically Adjusted PB Ratio

For the Insurance - Diversified subindustry, ASR Nederland NV's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ASR Nederland NV's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, ASR Nederland NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where ASR Nederland NV's Cyclically Adjusted PB Ratio falls into.



ASR Nederland NV Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

ASR Nederland NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=46.97/67.12
=0.70

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ASR Nederland NV's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, ASR Nederland NV's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=44.244/126.4000*126.4000
=44.244

Current CPI (Dec23) = 126.4000.

ASR Nederland NV Annual Data

Book Value per Share CPI Adj_Book
201412 198.880 99.050 253.795
201512 28.500 99.730 36.122
201612 29.873 100.710 37.493
201712 37.729 101.970 46.768
201812 38.858 103.970 47.241
201912 43.290 106.800 51.235
202012 45.770 107.850 53.642
202112 52.830 114.010 58.571
202212 41.575 124.940 42.061
202312 44.244 126.400 44.244

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


ASR Nederland NV  (XAMS:ASRNL) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


ASR Nederland NV Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of ASR Nederland NV's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


ASR Nederland NV (XAMS:ASRNL) Business Description

Traded in Other Exchanges
Address
Archimedeslaan 10, P.O. Box 2072, Utrecht, UT, NLD, 3500 HB
ASR Nederland NV is an insurance company. The company offers a variety of insurance policies to its customers. The business segments are Non-life; Life; Asset Management; Distribution and Services and Holding and Other. The Non-life insurance entities offer Non-life insurance contracts. Its life insurance entities offer financial products such as life insurance contracts and life insurance contracts on behalf of policyholders. The Asset Management segment involves all activities related to asset management including investment property management. Its Distribution and Services segment includes activities related to the distribution of insurance contracts.

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